CapitalPitch’s Startups, including FinTech players SMSFCheck and SWIPE, already valued at over $430 million
Announcement posted by Afiniation 24 Nov 2015
Over $11 million in funding committed
Afiniation partner and the world's first capital raising accelerator, CapitalPitch, this week announced that its 700+ clients many of whom, such as SMSFCheck and SWIPE, are in the FinTech space now have an estimated valuation of over $430 million and that some of these clients already have over $11 million in funding committed.
CapitalPitch CEO Jeremy Liddle said, "In less than a year we've managed to uncover thousands of Australia's best FinTech and Startup founders, but we know there are thousands more out there the need help raising money. We're here to help take the pain out of finding growth capital."
Afiniation co-founder Ian Dunbar said, “To say FinTech financing is booming is an understatement and CapitalPitch and their clients are a great example of what’s happening in this space.”
CapitalPitch, an early Afiniation partner, has two parts to their business, those they help better prepare for capital raising which include all startups on their platform and those that are actively raising. One of these such companies is SMSFCheck the Afiniation member whose tailor-made reports summarise each area of an SMSF’s investment strategy and highlights areas that might need attention.
SMSFCheck co-founder Rebecca Sullivan explained how the company’s relationship with Afiniation and CapitalPitch has led to immediate growth opportunities, “We attended the Afiniation showcase in September as the timing was perfect to launch our new service and we wanted to make more financial services industry contacts. It was also great to get feedback from attendees and seek opportunities for partnerships. Afiniation provides a community of other companies in the early stages of development that are trying to evolve the financial services industry. We believe the industry is being challenged with its traditional methods of advice delivery by consumers and the opportunity to respond to changing needs is greater than ever.”
As part of an Afiniation member deal Sullivan ended up discussing the company’s future plans with CapitalPitch as she added, “We met Jeremy Liddle of CapitalPitch at the Showcase day and given that we are trying to raise capital to grow our business, this was great timing. We really liked their structured on-line approach to making the capital raising process more accessible to start-ups who can't afford the big dollars to hire professionals to out-source it to. I think the more events and networking opportunities Afiniation can provide the more vibrant the FinTech start up space will be. It's tough going up against the big guys without the capital and resources so it's great to have a support network to make it a little easier. As a result of our involvement with Afiniation we are now in the process of raising capital via CapitalPitch.”
With capital raising in the FinTech space projected to top $14 billion globally in the next twelve months Ian Dunbar sees companies like CapitalPitch as a key component to the FinTech industry’s growth as he concluded, “CapitalPitch can help every business it interacts with – hence why we introduce them to Afiniation members. Put simply SMSFCheck and SWIPE will now be better prepared for capital raising and be introduced to the most committed investors in CapitalPitch’s pipeline. They also get in-depth coaching and complete all of CapitalPitch’s patented six steps to capital raising and growth.”
To see a video on why the Startup Investment and CapitalPitch movement is important go to: https://youtu.be/J34lbMjlA2M
The most recent Afiniation Showcase, held at the Ivy Ballroom in Sydney, featured over 30 of Australia and New Zealand’s top FinTech innovators, sponsors including AustralianSuper and Dion and keynote speakers including the NSW Minister for Innovation and Better Regulation, Victor Dominello, Citi’s Managing Director of Customer Franchise, Linda Duncombe and the NZ Trade Commissioner David McLeish.
To view highlights from the recent Afiniation Showcase go to: http://afiniation.com/afiniation-showcase-video
For more information on Afiniation and their Showcases go to: http://afiniation.com
For more information on CapitalPitch go to: https://capitalpitch.com
For more information on SMSFCheck go to: https://smsfcheck.com.au
CapitalPitch CEO Jeremy Liddle said, "In less than a year we've managed to uncover thousands of Australia's best FinTech and Startup founders, but we know there are thousands more out there the need help raising money. We're here to help take the pain out of finding growth capital."
Afiniation co-founder Ian Dunbar said, “To say FinTech financing is booming is an understatement and CapitalPitch and their clients are a great example of what’s happening in this space.”
CapitalPitch, an early Afiniation partner, has two parts to their business, those they help better prepare for capital raising which include all startups on their platform and those that are actively raising. One of these such companies is SMSFCheck the Afiniation member whose tailor-made reports summarise each area of an SMSF’s investment strategy and highlights areas that might need attention.
SMSFCheck co-founder Rebecca Sullivan explained how the company’s relationship with Afiniation and CapitalPitch has led to immediate growth opportunities, “We attended the Afiniation showcase in September as the timing was perfect to launch our new service and we wanted to make more financial services industry contacts. It was also great to get feedback from attendees and seek opportunities for partnerships. Afiniation provides a community of other companies in the early stages of development that are trying to evolve the financial services industry. We believe the industry is being challenged with its traditional methods of advice delivery by consumers and the opportunity to respond to changing needs is greater than ever.”
As part of an Afiniation member deal Sullivan ended up discussing the company’s future plans with CapitalPitch as she added, “We met Jeremy Liddle of CapitalPitch at the Showcase day and given that we are trying to raise capital to grow our business, this was great timing. We really liked their structured on-line approach to making the capital raising process more accessible to start-ups who can't afford the big dollars to hire professionals to out-source it to. I think the more events and networking opportunities Afiniation can provide the more vibrant the FinTech start up space will be. It's tough going up against the big guys without the capital and resources so it's great to have a support network to make it a little easier. As a result of our involvement with Afiniation we are now in the process of raising capital via CapitalPitch.”
With capital raising in the FinTech space projected to top $14 billion globally in the next twelve months Ian Dunbar sees companies like CapitalPitch as a key component to the FinTech industry’s growth as he concluded, “CapitalPitch can help every business it interacts with – hence why we introduce them to Afiniation members. Put simply SMSFCheck and SWIPE will now be better prepared for capital raising and be introduced to the most committed investors in CapitalPitch’s pipeline. They also get in-depth coaching and complete all of CapitalPitch’s patented six steps to capital raising and growth.”
To see a video on why the Startup Investment and CapitalPitch movement is important go to: https://youtu.be/J34lbMjlA2M
The most recent Afiniation Showcase, held at the Ivy Ballroom in Sydney, featured over 30 of Australia and New Zealand’s top FinTech innovators, sponsors including AustralianSuper and Dion and keynote speakers including the NSW Minister for Innovation and Better Regulation, Victor Dominello, Citi’s Managing Director of Customer Franchise, Linda Duncombe and the NZ Trade Commissioner David McLeish.
To view highlights from the recent Afiniation Showcase go to: http://afiniation.com/afiniation-showcase-video
For more information on Afiniation and their Showcases go to: http://afiniation.com
For more information on CapitalPitch go to: https://capitalpitch.com
For more information on SMSFCheck go to: https://smsfcheck.com.au